Category Archives: Compare & Contrast Essay

Sample Essay: Market Versus Planned According to Bottomore

We continue our series of sample essays from Today we’re publishing a sample essay comparing market and planned economy.

In the early 1920s one of the famous Russian revolutionaries, Trotsky, argued that a state plan should be established in the Soviet Union. The primary role of this body would be to manage the state and socially owned sectors of the economy to guarantee a regular and balanced industrial growth.